https://www.taxtmi.com/caselaws?id=102299 Purchase tax liability on goods later found to be the last purchases in the State arose only when subsequent events established their taxable character, but the applicable rate remained the rate in force on the date of purchase because the taxable event was the purchase itself. Later ascertainment of taxability did not justify applying an enhanced rate introduced after the purchases were made. Accordingly, purchases made before the rate increase were taxable at the earlier rate prevailing when the transactions occurred, not at the higher rate imposed subsequently. en-us Mon, 21 Jan 1985 00:00:00 +0530 Thu, 12 Sep 2013 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102299 Purchase tax liability on goods later found to be the last purchases in the State arose only when subsequent events established their taxable character, but the applicable rate remained the rate in force on the date of purchase because the taxable event was the purchase itself. Later ascertainment of taxability did not justify applying an enhanced rate introduced after the purchases were made. Accordingly, purchases made before the rate increase were taxable at the earlier rate prevailing when the transactions occurred, not at the higher rate imposed subsequently. Case-Laws VAT and Sales Tax Mon, 21 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102299